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So Much Porn, So Little Time--For Accounting

Last year, the SEC opened an investigation into accounting irregularities at Sunrise Senior Living, one of the nation's largest chains of retirement communities and assisted-living facilities, after the company restated its earnings by some $130 million. If anyone was wondering how the company might have misplaced so much money, it might look to former CFO Bradley Rush, who apparently was using his office computer to check out a lot more than the company's finances.

After Sunrise sacked Rush last year, he sued for wrongful termination, arguing that he was rooting out fraud at the time he was fired. However, during the litigation, the Washington Post reports that Sunrise disclosed that it had found some 25,000 unique pornographic images on Rush's laptop, including movies, after he left the firm. With his hard drive so crowded with T&A, it's hard to imagine there was much room there for Sunrise spreadsheets.

Posted by Stephanie Mencimer on 01/09/08 at 10:03 AM | Comments (2) | Email | Print

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